Invesco Solar ETF (NYSEARCA:TAN) Shares Sold by Ledyard National Bank

Ledyard National Bank lowered its holdings in Invesco Solar ETF (NYSEARCA:TAN) by 7.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,559 shares of the exchange traded fund’s stock after selling 1,731 shares during the period. Ledyard National Bank owned about 0.09% of Invesco Solar ETF worth $933,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TAN. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco Solar ETF by 110.9% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,200,000 shares of the exchange traded fund’s stock worth $224,070,000 after purchasing an additional 2,208,356 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Invesco Solar ETF by 73,533.3% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,104,500 shares of the exchange traded fund’s stock worth $58,926,000 after purchasing an additional 1,103,000 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of Invesco Solar ETF in the 4th quarter worth approximately $6,263,000. GenTrust LLC purchased a new position in shares of Invesco Solar ETF in the fourth quarter worth approximately $5,386,000. Finally, Simplex Trading LLC increased its position in shares of Invesco Solar ETF by 219.5% in the fourth quarter. Simplex Trading LLC now owns 89,043 shares of the exchange traded fund’s stock worth $4,750,000 after acquiring an additional 61,177 shares in the last quarter.

Invesco Solar ETF Stock Down 1.2 %

Shares of Invesco Solar ETF stock traded down $0.51 during trading on Thursday, hitting $41.73. The stock had a trading volume of 1,104,349 shares, compared to its average volume of 1,289,354. The stock has a 50 day simple moving average of $44.12 and a 200 day simple moving average of $44.01. The company has a market capitalization of $1.01 billion, a PE ratio of 9.19 and a beta of 1.81. Invesco Solar ETF has a 1 year low of $38.68 and a 1 year high of $74.03.

About Invesco Solar ETF

Guggenheim Solar ETF, formerly Claymore/MAC Global Solar Energy Index ETF, seeks investment results that correspond generally to the performance of an equity index called the MAC Global Solar Energy Index (the Index). The Index consists of approximately 25 stocks selected based on the relative importance of solar power within the Company’s business model, as determined by MAC Indexing LLC (the Index Provider).